Pakistan Inflation Rate (1960-2024)

Pakistan inflation rate for 2024 was 12.63%, a 18.14% decline from 2023.
  • Pakistan inflation rate for 2023 was 30.77%, a 10.89% increase from 2022.
  • Pakistan inflation rate for 2022 was 19.87%, a 10.38% increase from 2021.
  • Pakistan inflation rate for 2021 was 9.50%, a 0.24% decline from 2020.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.